Our Morrisville budget and tax increase vote is scheduled for later today:
Tuesday June 24th 6:30 pm
Morrisville Town Hall
100 Town Hall Dr
(Overflow parking, if needed, is available at the Morrisville Chamber of Commerce 260 Town Hall Dr. Vehicles parked directly on Town Hall Dr are subject to ticketing.)
Residents turned out en masse on 6/18, offering heartfelt comments, emotional appeals and reasonable suggestions. (Follow links at Morrisville Action for media coverage.) Surprising to your 'Tis blogger - as of 6/23, the budget is as originally proposed on 5/13. But a decrease in the tax rate is still possible. Here are the options for this evening's Board of Commissioner Business Session:
- Our elected board can vote to approve the budget and 19% tax increase
- Our elected board can ask for on-the-fly changes and approve an amended proposal
- Our elected board can table the item and continue the meeting to another date prior to 6/30
- Our elected board can vote to deny the budget
If our commissioners go with either of the last two options, an additional TBD public meeting will be required.
It's not too late to weigh in:
Email the board at MayorandCommissioners@ci.morrisville.nc.us
Call your Morrisville representatives:
Jan Faulkner (Mayor) at 481-0122
Liz Johnson (Mayor Pro Tem) at 462-8859
Mark Stohlman (Commissioner, District 2) at 949-1403
Linda Lyons (Commissioner, District 1) at 469-1992
Mike Snyder (Commissioner, District 4) at 447-0456
Pete Martin (Commissioner, At Large) at 462-8182
Tom Murry (Commissioner, At Large) at 468-1213
And stay tuned......
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All those people but no change? You got to be kidding me
ReplyDeleteJackie:
ReplyDeleteWill you quit misleading the public about the morrisville budget.
The Tax rate is going down almost 3 cents. The reevaluation is raising the property owners taxes not the tax rate.
Anonymous #2,
ReplyDeleteThanks for your comment. (You, too, anon #1.)
Morrisville's current tax rate is .4677 per $100 of valuation. The value of Morrisville property went up 38% when Wake county reassessed. We can agree on those two things, right? (Maybe not. The original worksheet the town used showed a 48% increase.) The town then used this new assessment + average growth since last reval, to come up with a theoretical tax rate. Applied to the current valuation, this rate would bring in the same amount of revenue as current FY, plus a bit for growth. The they that is in charge of such things calls that rate revenue neutral. In Morrisville, it's .3692 per $100 of valuation. We're still in agreement, right?
I'm guessing it's this next part you're not going to be happy about. Like it or not, and I didn't make up these rules, any rate above revenue neutral is considered a tax increase. Morrisville's proposed tax rate is .4396, or 19% above revenue neutral.
And not to be a stickler for detail, but......
It's our elected officials who will raise - or not - our property tax bills. The revaluation doesn't get a vote.